Saturday, July 30, 2016

The Finance Ministry warned of the exhaustion of reserves for the payment of salaries by the end of the year – Lenta.ru

The current stability of the Russian economy is only guaranteed by reserves. No change to the end of the year they will be exhausted, and the government will not be able to pay salaries. This Saturday, July 30, said First Deputy Finance Minister Tatyana Nesterenko, RIA Novosti reported.

According to Nesterenko, is now external and internal factors allow to provide a gap between budget revenues and expenditures. But the Russian economy is in the center of the storm, the first deputy head of the Ministry of Finance stressed. “When everything looks quiet and well, but in fact we are already at the center”, – she said

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04:10 July 26, 2016

Vladimir Putin and Andrei  Belousov

Politicians must assess and make choices that affect the state of the economy, said a representative of the Ministry of Finance. “Whether it will be chaotic, or we will form a policy that will allow us to more safely from this situation to go” – she added

July 25, Russian President Vladimir Putin instructed to finalize the report Stolypin club and on its basis to prepare. a new program of economic development.

Finance Minister Anton Siluanov said on July 7 that the federal budget deficit in 2017 will amount to 3.2 percent of GDP.

July 5, Reuters with reference to the Ministry of Finance of materials It reported that Russian Reserve Fund will be exhausted in 2017.

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